Not a difficult call to make given current fundamentals and price action. $75,300 is the 1.618 Fib extension of the corrective move we saw to the $60,000 (marked as "a" and "b"). No real view on time to target level. Its 50/50 whether price action during the move will be direct or choppy. Any retracements greater than 50% negate the above.
#PROS The price is moving in an ascending channel on a daily frame After the last dip, a recover is expected to move the price above $1.
A possible pullback for a long position at the key falling wedge breakout the price also now at the key weekly support EMA50W with bullish pinbar. If successfully takes out the previous high at fibonacci 100% extension, the next target 1-2-3 pattern at 161.8% and 261.8% level +75% and +130%+ weekly MACD: doubled bullish divergence at the pivot point, golden...
In my chart, I've utilized Fibonacci extension levels to identify possible support and resistance areas, with key ratios like 1, 1.618, and 2.272 providing insights into future price movements. I'm predicting the end of the current Bitcoin cycle around the 222K level, suggesting that it could be a significant peak. Furthermore, I'm projecting the next cycle to...
Detailed prediction to previous publication.... I'm predicting the end of the current Bitcoin cycle around the 222K level, suggesting that it could be a significant peak. Furthermore, I'm projecting the next cycle to initiate from approximately 50K correction, aiming for a lofty goal of over 2M. This is a speculative projection based on my analysis. Let's see if...
I am tracing Bitcoin's trajectory to $250k using a unique technical lens - Fib circles on a logarithmic chart paired with extension spikes. These circles, six in number, have been instrumental in identifying key price action stages since Bitcoin's first halving. We group these stages into three 'duo-phases' ( I, II, III ) ( With two for each...
Let me explain. These are all Fibonacci Extensions. The Market Maker is officially done imo so I am very comfortable posting these finished schematics. Many Extensions reach the exact ATH at 69k as you can clearly see... The Schematics are numbered Chronologically. #1-#8 are placed in the order they were created. #3 are the SUPPORT Schematics that are...
Here we see our VRA Weekly chart and you can see it's showing strength now . VRA is pushing up over that dark blue 200MA line and that's very Bullish in my opinion . Altseason seems to be upon us as Bitcoin is right below its' previous ATH . If VRA can get back to it's previous ATH price near .088 cents then targets above there could be the following fib levels...
Fibonacci retracements and extensions are popular tools used in technical analysis to identify potential support, resistance, and reversal levels in GBP/USD (British Pound/US Dollar) trading. Here's how traders can utilize Fibonacci retracements and extensions effectively: **Fibonacci Retracements:** 1. **Identify the Trend:** Before applying Fibonacci...
AUDUSD Short Late/Re-entry Price has come back down to the last swing low/base made before what was essentially a two week bull run. We have broken past this area and come back to retest it. When price came back to retest this key zone, we saw it touch the 61.8% fib retracement level. Non-Commercial traders, as can be seen through COT filings, are a majority...
Anything's possible when you're working with a finite asset in a world where: Inflation is constantly rising and multiple fiat currencies continue to fail. New sources for rare earth elements and precious metals are constantly being discovered. The overall output of society continues to rise. This is a (very) rough estimate based on Elliot Wave Principle...
Bitcoin quotidiennement. Avons-nous trouvé le niveau de résistance Fib Classic 4.236 ? Le 4.236 offre une forte ligne de résistance sur 99% des lignes et cercles Fib bien placés. Avons-nous trouvé cela à partir du Push de janvier 2023 ? Si c'est le cas, nous pourrions maintenant assister à un retracement allant jusqu'à 30 % MAIS, c'est Bitcoin.......... A demain...
Technical analysis In the previous analysis on GTAI 7 days ago, I recommended buying GTAI at around 2.2 USDT per coin. The current price is 4.0 USDT, which is a great profit. Can this coin go to 8.0 USDT in 1 week or 2 weeks? I think this is definitely very possible. This is my new, fresh analysis of GTAI. As you can see on the chart, the price broke out above...
IMX looks good. The price is inside this bullish parallel channel, and we have a falling wedge pattern that is currently breaking out. It can also be a bullish flag, which is even better if it's true. IMX has strong fundamentals, and the whales are buying. They accumulated IMX at much lower prices, and now they want to send it to the moon to make huge gains. We,...
Mask is ready to start an incredible uptrend; at least, this is what my analysis suggests. We can see that the downtrend ended with the descending parallel channel, and now the whales are accumulating contracts in this rectangle pattern. You can either wait for a breakout or buy a small correction. 471% profit is the minimum you want, but I believe we are going to...
The pin bar was a reaction from the 78% Fib retracement and also an equal 1 to 1 AB=CD, but now let's see whether there will be a follow-up and price confirmation for long. This level is also a 61% retracement of the bigger swing up so a confluence point. For now, I don't see a definite entry signal unless I want to buy the level which I often do at the higher...
The Daily chart showed that price started below the 9EMA for this week and gapped up above the 9EMA on Thursday and closed the week well above it. Gap fill is at 497.37 and Support is at 503.50 which was a previous daily high. There is a Double Bearish Divergence on the RSI from a high of 74.77 to 72.56 and closed the week on a bearish candle that closed +0.07%...
TX Swap after breaking out of a Falling Wedge pattern now finds itself attempting to confirm a Tweezer Bottom Break-Hook-Go with Bullish Divergence at the 1.618 Fibonacci Extension with elevated volume. If this turns around from here, I think the upside move could be quite dramatic.